a. Assume that the economy is in equilibrium at potential GDP and then the
demand for housing sharply declines. What actions could the government take
to move the economy back to potential GDP? Is it possible for the government
to carry out an expansionary fiscal policy if the Reserve Bank of Australia does
not simultaneously increase financial liquidity in the economy? Briefly explain.
- Use the following two graphs to answer the following questions. Assume that the
natural rate of unemployment is 5 per cent and that the inflation rate in the first
year is 2 per cent.
a Briefly explain which point on the Phillips curve graph represents the
same economic situation as point B on the aggregate demand and
aggregate supply graph.
b Briefly explain which point on the Phillips curve graph represents the
same economic situation as point C on the aggregate demand and
aggregate supply graph.
a. Given that the Phillips curve is derived from the aggregate demand and
aggregate supply model, why use the Phillips curve analysis? What benefits
does the Phillips curve analysis offer compared to the AD–AS model?
b. Briefly explain whether you agree with the following statement: ‘Any economic
relationship that changes as economic policy changes is not a structural
National Youth Screening and Assessment Project, may also be available to support implementation. c. DJS should consider amending its practice of screening all youth who appear at the BCJJC for detention admission using the Detention Risk Assessment Instrument, even youth who will ultimately be diverted prior to DJS referral through the BPD Diversion Program. This will limit young people’s exposure to the detrimental impact and collateral consequences associated with generating unnecessary DJS and court records. d. BPD should develop a training and messaging strategy to increase officer knowledge and understanding of new policies and protocols for interacting with youth, the purpose of the juvenile court system, details of juvenile justice process, and the purpose of secure detention. Clear and consistent messaging for officers will help to mitigate the obdurate frustration that officers reportedly experience when they perceive that young people are not being held accountable by the system. e. Conduct a case processing analysis of adult-charged youth in detention to identify why time spent in detention for these youth has doubled from 2014 to 2018 and develop policies and programs to address the causes of delays. 2. Programs and Conditions a. The City should partner closely with DJS and the Baltimore JDAI Oversight Board to assess the continuum of Secure Detention Alternative established by DJS and the extent to which it meets existing needs. b. The City and its appropriate offices and agencies should partner with DJS to identify additional programs for youth in detention, in particular youth charged as adults, that can help young people build skills and connections that will help them succeed following release and return to their communities. c. To the extent that there are gaps in the existing Secure Detention Alternatives Continuum, the City and DJS should partner closely to identify resources to enhance the Alternative Continuum. As a resource, stakeholders should consult the results of the Youth Service Provider Survey conducted as part of this assessment. 3. Community Engagement and Partnerships>GET ANSWER